FORMATION OF MAHARASHTRA
Maharashtra Police reveal how Bishnoi gang planned Moosewala-like murder of Salman Khan
Salman Khan's assassination plot: Members of Lawrence Bishnoi's gang allegedly planned to assassinate actor Salman Khan using Pakistani weapons during a movie shoot or at his Panvel farmhouse, similar to Sidhu Moosewala's murder. The Panvel police chargesheet, based on extensive intelligence and technical analyses, details the chilling plot involving AK-47s and other sophisticated arms.
Karnataka losing out in manufacturing race; CXO churn in startups
New-age companies are choosing to set up manufacturing facilities in neighboring states like Maharashtra and Tamil Nadu, bypassing Karnataka. More on this in today's ETtech Morning Dispatch.
The worrying changes in India’s monsoon patterns have implications for everything from agriculture to health
Take Maharashtra, 80% of which is rainfed. In areas such as Vidarbha and Marathwada, the onset of monsoon is now late. After a small pickup in July, there is a break in rainfall in August, lasting up to three-four weeks during the fruit formation phase. The wet spell starts again in September and continues well into October, when it should be dry. This isn't limited to Maharashtra. Several critical areas considered the breadbasket of India—Bihar, West Bengal and Uttar Pradesh—are witnessing the same pattern.
Maharashtra budget 2024 key highlights: Free cylinders & farmer friendly measures
Maharashtra budget 2024: Maharashtra Deputy Chief Minister Ajit Pawar presented the state budget during the ongoing monsoon session from June 27 to July 12. Key highlights include the provision of three free cylinders annually to all households under the CM Anna Chhatra Yojana, a Rs 5,000 per hectare bonus for cotton and soybean farmers, and a Rs 5 per litre bonus to milk-producing farmers after July 1, 2024.
Gone are days of one-person rule, now govt at Centre formed with help of others: Sharad Pawar taunts BJP
NCP (SP) chief Sharad Pawar highlighted the shift from one-person rule to coalition governance at the Centre, emphasizing the power of voters in shaping the new government. He stressed the importance of alliances and the end of Modi's guarantee. Pawar expressed confidence in replicating the Lok Sabha election results in the state assembly polls.
Screaming value? 34 stocks with consistent earnings growth still trading below 5-year PE
34 stocks with consistent earnings growth, including Trent, are trading below 5-year PE. Axis Securities recommends buying Trent at Rs 4,800. 5 Nifty index cos, like ICICI Bank and Maruti Suzuki, are also undervalued.
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NDA now is 'Nitish-Naidu Dependent Alliance': Congress
Congress criticizes PM Modi for excessive NDA mentions, questions statue relocation. BJP faces backlash over Maharashtra defeat. Ramesh accuses Modi of Constitution 'drama'. Modi appointed PM-designate amidst controversy. Doubts raised on Modi and NDA guarantees.
HDK, Chirag, Manjhi, Shinde, Ajit & Jayant could have one ministry each
Top BJP leaders, including Nadda and Shah, met with NDA partners to discuss cabinet formation. The meeting involved leaders from JD(U), TDP, and Shiv Sena. Potential ministers from various parties were considered, with JD(S), LJP, HAM, Shiv Sena, NCP, RLD, and Apna Dal (S) likely to have representation. Bihar's cabinet allocation was also addressed, with a formula reportedly agreed upon.
NDA leaders formally elect Narendra Modi as alliance leader for third term
NDA leaders have formally elected Narendra Modi as their alliance leader for the third term, following the coalition's victory in the Lok Sabha elections. The alliance, comprising parties like TDP, JD(U), Shiv Sena, and LJP, met in New Delhi to discuss government formation under Modi's leadership. While the exact date for the oath-taking ceremony is yet to be confirmed, discussions are underway to allocate key portfolios to alliance members for the new government. Despite the BJP falling short of the magic number for the first time since 2014, the NDA is comfortably above the majority mark.
From NDA's govt formation to Nitish, Tejashwi on same flight: Here's all that happened a day after Lok Sabha election results
Modi said at the meeting that it was a historic mandate for the NDA's third consecutive government which, he noted, was last received in the country over 60 years back. His allies lauded Modi for his clear vision for "Viksit Bharat" and asserted that they are partners in this goal. They also praised him for enhancing India's pride in the world, besides his efforts towards poverty eradication and pledged to continue the good work, the sources said.
INDIA Bloc changes the game, emerges as strong Opposition against BJP-led NDA
The INDIA bloc, formed just a year ago, has emerged as a successful national opposition against the BJP-led NDA government. Despite facing challenges, including the exit of Nitish Kumar, the bloc has united Congress and regional parties in a strong resistance. With the NDA's slim majority, the INDIA bloc aims to increase its efforts, possibly seeking alliances with NDA allies. The bloc's effective messaging countered BJP's claims, focusing on issues like constitutional changes and reservation. The bloc's unity was evident in decisions like not attending the Ram temple event. The bloc's performance in various states signals optimism for future elections.
No discussion within INDIA bloc yet on reaching out to TDP, JDU: Sharad Pawar
NCP(SP) chief Sharad Pawar stated that there has been no discussion within the INDIA bloc about reaching out to the TDP or JD(U) to increase the alliance's numbers for government formation. The meeting of INDIA bloc leaders will deliberate on the Lok Sabha poll results and whether to bring on board the Janata Dal (United) (JD-U) and Telugu Desam Party (TDP) to form a government.
In another couple of days, even PSU banks could join the market rally: Sudeep Shah
Sudeep Shah from SBI Securities analyzes the smart rally in Nifty driven by banking, especially ICICI Bank and Axis Bank. The Bank Nifty is expected to rise to 48,700-48,900, supported by private sector banks. PSU banks may also join the rally soon. Shah also recommends two stocks -- Adani Enterprise and Axis Bank.
MahaRERA suspends registration of over 20,000 real estate agents
In the real estate sector, the property brokers and agents play a vital role as they are the link between a homebuyer and a developer. Usually, a potential homebuyer receives primary project related information directly from these agents.
Maharashtra Day: Are banks, offices open in Maharashtra today?
Maharashtra Day celebrates the state's linguistic and cultural heritage. It is a day to remember those who fought for its creation and pay tribute to the leaders who led the movement for a separate state. So, is it a bank holiday today?
Maharashtra Day 2024: Wishes, quotes, messages, and images to share on Maharashtra Diwas
Maharashtra Day, observed on May 1 every year, commemorates the formation of the state of Maharashtra in 1960. This article explores the history, importance, and celebrations of Maharashtra Day, highlighting its significance for the Marathi people and the state's rich cultural heritage. Celebrations include parades, cultural events, and flag-hoisting ceremonies, bringing together people from all walks of life to celebrate Maharashtra's achievements and honor its eminent personalities.
International Labour day 2024: What's open and closed on May 1 in India?
Labour Day 2024: May Day promotes dialogue among social partners internationally. India commemorates 50 crore workers, with the first Labour Day celebrated in 1923. The day is marked under various names across Indian states, coinciding with Maharashtra Day affecting banks and markets.
MahaRERA raises serious concerns over 212 housing projects launched after January 2023
MahaRERA expressed grave concerns over 212 housing projects launched between January and April 2023 across Maharashtra for failing to provide construction updates, breaching regulations. The regulator published a list cautioning buyers. Pune led with 47 such projects, followed by Nashik and Palghar. MMR and Konkan regions topped the list. Despite notices and penalties, many developers haven't complied.
LS polls: Congress eyes win in 6 seats which BJP never lost since formation of Chhattisgarh
In Rajnandagon Lok Sabha seat, the BJP never tasted defeat since 2000 but in a 2007 bypoll, the Congress emerged victorious. This time, the Congress has fielded former chief minister Bhupesh Baghel from Rajnandgaon.
In U-turn, Shiv Sena leader Vijay Shivtare says won't contest Lok Sabha polls from Baramati
The leader of the Eknath Shinde-led party said he won't contest the polls from Baramati in Pune district, which is the political stronghold of NCP founder Sharad Pawar's family, and instead campaign for the ruling Mahayuti alliance. Shivtare's announcement comes amid speculation that Deputy Chief Minister Ajit Pawar's wife Sunetra Pawar could be fielded from there as a candidate of the ruling NCP faction.
Maharashtra Bank among top 3 stock ideas for first week of FY25: Kunal Shah
However, the broader picture remains bearish, with the lower-end support positioned at 34,700. A breach below this support level could intensify the downward momentum in the sector.
PM Modi dedicates to nation Marathwada Rail Coach Factory, launches various projects in Maharashtra
Prime Minister Narendra Modi dedicated the Marathwada Rail Coach Factory, a wagon repair workshop, and various railway projects in Maharashtra. He also inaugurated Jan Aushadi Kendras and rail coach restaurants, ensuring employment opportunities and supply of Vande Bharat Train sets.
No constituency left for me after 3-party govt formed in Maharashtra: Pankaja Munde
BJP national secretary Pankaja Munde stated that her name is frequently discussed during elections, and people assume she is waiting for a position. However, she mentioned that there is "no constituency" for her after the formation of a tripartite government in Maharashtra. Pankaja Munde lost the 2019 election from Parli assembly seat in Beed.
Ajit Pawar gets NCP's name and symbol; Sharad Pawar given special concession to name new political formation
The Election Commission (EC) resolved the dispute between the Ajit Pawar faction and the Sharad Pawar faction of the Nationalist Congress Party (NCP) ahead of the 2024 General Elections. The EC granted the Ajit Pawar camp the party's name and symbol after multiple hearings. Additionally, the EC provided a special concession to Sharad Pawar to name his new political formation due to the upcoming Rajya Sabha elections.
Maratha quota: Mega survey with more than 1.25 lakh enumerators to begin on Tuesday
A mandatory survey involving more than 1.25 lakh enumerators and officials will begin on Tuesday across Maharashtra to support the state government's curative petition in the Supreme Court for Maratha quota. The survey, conducted by the revenue department for the Maharashtra State Commission for Backward Classes, will gather data in digital format for real-time monitoring. The committee led by retired judge Sandeep Shinde has already found 57 lakh records of OBCs in the state, including 1.50 lakh Kunbi caste certificates.
Ajmera Realty, Rustomjee JV to undertake Rs 760-cr redevelopment project in Mumbai’s Bandra
Property developers Ajmera Realty & Keystone Realtors form Ajmera Luxe Realty, a joint venture for a Rs 760 crore luxury residential redevelopment project in Mumbai's Bandra West. The companies share a 50% stake in the venture, aiming to elevate aging housing societies and contribute to the city's urban rejuvenation. With a focus on low-capex acquisitions, Ajmera Realty plans for fivefold growth, aligning with the government's initiatives to boost redevelopment in Maharashtra. Despite challenges, Mumbai's property market achieves record highs in 2023, driven by luxury and mid-income segments.
Maharashtra cabinet approves guidelines for cluster universities
Cluster universities will be public universities and the Maharashtra Governor, as chancellor of the universities, will appoint their vice chancellors, it said. At present there are three cluster universities in the state.
PM Modi announces formation of National Turmeric Board during his Telangana visit
During his visit to Telangana, Prime Minister Narendra Modi announced the formation of a National Turmeric Board to support turmeric farmers. India is a major producer and exporter of turmeric, and the board will help farmers market their produce and take advantage of increased global demand.
Political tectonic shift in Maharashtra boosts PM Modi's power hunt, just the way FIIs bet
India's ruling Bharatiya Janata Party (BJP) has gained momentum in the Maharashtra state as prominent opposition leader Ajit Pawar and several lawmakers from his former party joined the provincial government. Most foreign institutional investors from the key US and Europe region have grown optimistic about India and have also largely priced in Modi winning the upcoming parliamentary elections.
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